GOODWILL OF CENTRAL AND COASTAL VIRGINIA INC: Form 990, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- GOODWILL OF CENTRAL AND COASTAL VIRGINIA INC (EIN 54-0455395)
- Tax period
- 2021-01-01 to 2021-12-31
- Filed
- 2022-11-14
- IRS object ID
- 202223189349316687
- Schema version
- 2021v4.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule D
- Schedule I
- Schedule J
- Schedule K
- Schedule L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-11-14T16:31:28-06:00 | ReturnTs |
| Tax Period End | 2021-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 541631262 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KEITER STEPHENS HURST GARY & SHREAVES | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4401 DOMINION BLVD | AddressLine1Txt |
| City | GLEN ALLEN | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 23060 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2021-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 540455395 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GOODWILL OF CENTRAL AND COASTAL | BusinessNameLine1Txt |
| Business Name Line2 | VIRGINIA INC | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | GOOD | BusinessNameControlTxt |
| Phone | 8047456300 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6301 MIDLOTHIAN TURNPIKE | AddressLine1Txt |
| City | RICHMOND | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 23225 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MARK A BARTH | PersonNm |
| Person Title | PRESIDENT/CEO | PersonTitleTxt |
| Phone | 8047456300 | PhoneNum |
| Signature | 2022-11-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | MARK | PersonFirstNm |
| Person Last | BARTH | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | VIRGINIA R BELCHER | PreparerPersonNm |
| PTIN | P00421964 | PTIN |
| Phone | 8047470000 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2021 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | MARK A BARTH | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6301 MIDLOTHIAN TURNPIKE | AddressLine1Txt |
| City | RICHMOND | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 23225 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $64,066,078 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.GOODWILLVIRGINIA.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1945 | FormationYr |
| Legal Domicile State | VA | LegalDomicileStateCd |
| Activity Or Mission | TO PROVIDE WORKFORCE DEVELOPMENT SERVICES FOR INDIVIDUALS FACING CHALLENGES TO WORK. | ActivityOrMissionDesc |
| Voting Members Governing Body | 20 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 20 | VotingMembersIndependentCnt |
| Total Employee | 1936 | TotalEmployeeCnt |
| Total Volunteers | 820 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $30,376,071 | PYContributionsGrantsAmt |
| CY Contributions Grants | $25,642,569 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $22,811,301 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $37,574,312 | CYProgramServiceRevenueAmt |
| PY Investment Income | $76,573 | PYInvestmentIncomeAmt |
| CY Investment Income | $3,185 | CYInvestmentIncomeAmt |
| PY Other Revenue | $1,208,526 | PYOtherRevenueAmt |
| CY Other Revenue | $846,012 | CYOtherRevenueAmt |
| PY Total Revenue | $54,472,471 | PYTotalRevenueAmt |
| CY Total Revenue | $64,066,078 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $108,896 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $11,711 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $32,856,137 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $34,463,443 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $383,613 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $14,890,187 | PYOtherExpensesAmt |
| CY Other Expenses | $20,224,997 | CYOtherExpensesAmt |
| PY Total Expenses | $47,855,220 | PYTotalExpensesAmt |
| CY Total Expenses | $54,700,151 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $6,617,251 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $9,365,927 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $100,077,271 | TotalAssetsBOYAmt |
| Total Assets EOY | $105,082,511 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $31,676,939 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $26,177,001 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $68,400,332 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $78,905,510 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | GOODWILL OF CENTRAL AND COASTAL VIRGINIA'S MISSION IS TO CHANGE LIVES...HELPING PEOPLE HELP THEMSELVES THROUGH THE POWER OF WORK. (SEE SCHEDULE O FOR CONTINUATION)... | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $2,487,374 | ExpenseAmt |
| Grant | $11,711 | GrantAmt |
| Revenue | $808,304 | RevenueAmt |
| Desc | WORKFORCE DEVELOPMENT SERVICES--GOODWILL PROVIDES PROGRAMS TO ASSIST JOB SEEKERS FACING CHALLENGES TO EMPLOYMENT OBTAIN, MAINTAIN AND GROW SUSTAINABLE CAREERS. THE ORGANIZATION ALSO PROVIDES ONGOING SERVICES TO INDIVIDUALS WITH DISABILITIES. APPLICATION ASSISTANCE IS OFFERED AT NO CHARGE TO JOB SEEKERS AT TWO GOODWILL-OPERATED EMPLOYMENT CENTERS. THROUGH BEGIN@HOME PROGRAMMING, INDIVIDUALS CAN EARN A PAYCHECK WHILE RECEIVING PAID, ON-THE-JOB TRAINING. SERVICES AND TRAININGS OFFERED THROUGH BEGIN@HOME INCLUDE SOFT SKILLS, LIFE SKILLS, CUSTOMER SERVICE TRAINING, AND ONE-ON-ONE CAREER ADVISING AND PLANNING. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $47,479,394 | ExpenseAmt |
| Revenue | $36,206,081 | RevenueAmt |
| Desc | DONATED GOODS--THROUGH OUR DONATED GOODS SOCIAL ENTERPRISE, GOODWILL COLLECTS, PROCESSES AND RESELLS DONATED ITEMS IN ORDER TO PROVIDE AND SUSTAIN WORKFORCE DEVELOPMENT SERVICES. GOODWILL'S TERRITORY ENCOMPASSES 39 CITIES AND COUNTIES IN WHICH WE OPERATE 35 RETAIL STORES-ALL OF WHICH ACCEPT DONATED GOODS-AS WELL AS 11 FREE-STANDING ATTENDED DONATION CENTERS. GOODWILL ALSO OPERATES TWO RETAIL OUTLETS THAT SELL GOODS BY THE POUND, AS WELL AS TWO ELECTRONICS RETAIL STORES. GOODWILL RESELLS GOODS THAT DO NOT SELL IN THE RETAIL ENVIRONMENT TO BUYERS OF TEXTILES, PLASTICS, METALS AND PAPER, AND PROVIDES A BROKERING SERVICE TO 5 OTHER GOODWILLS TO RESELL UNSOLD ITEMS, AND ALSO SELLS ITEMS BY LIVE AUCTION. IN 2021, GOODWILL PROCESSED MORE THAN 54,000,000 POUNDS OF GOODS AND KEPT 26,000,000 POUNDS OUT OF LANDFILLS, INCLUDING IN EXCESS OF 1 MILLION POUNDS OF ELECTRONICS. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $1,705,478 | ExpenseAmt |
| Revenue | $168,231 | RevenueAmt |
| Desc | COMMERCIAL AND GOVERNMENT SERVICES--GOODWILL PROVIDES JOB TRAINING AND EMPLOYMENT TO PEOPLE WITH DISABILITIES AND OTHER CHALLENGES THROUGH ITS RELATED ENTITY, GOODWILL SERVICES, INC. (GSI), WHICH PROVIDES SERVICES UNDER CONTRACTS WITH GOVERNMENT AND COMMERCIAL ENTERPRISES. IN 2021, GSI OPERATED 7 FEDERAL "ABILITY ONE" CONTRACTS AT 15 SITES INCLUDING MILITARY INSTALLATIONS, FEDERAL COURTHOUSES AND THE INTERNAL REVENUE SERVICE. SERVICES INCLUDE JANITORIAL, WAREHOUSING, LOGISTICS AND SUPPLY FULFILLMENT. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $51,672,246 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | 0 | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (1) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (1) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBondsInd |
| Escrow Account | 0 | EscrowAccountInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | Yes (1) | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | Yes (1) | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 19 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 1936 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Form1098 C Filed | Yes (1) | Form1098CFiledInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 20 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 20 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (1) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Own Website | Yes (X) | OwnWebsiteInd |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE ORGANIZATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8047456300 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6301 MIDLOTHIAN TURNPIKE | AddressLine1Txt |
| City | RICHMOND | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 23225 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (24 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| BENJAMIN C ACKERLY ESQ | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| EV CLARKE | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| JESSE GOODRICH | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| DAVID MODENA | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| MARIA P RASMUSSEN ESQUIRE | ||||||||
| CHAIR | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| CHRISTOPHER E ROUZIE | ||||||||
| IMMEDICATE PAST CHAIR | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| BRADFORD B SAUER | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| W SCOTT SIMS | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| KATIE STRADER | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| ROBERT M TATA | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| LESLIE TAYLOR | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| JAMES W THEOBALD ESQ | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| WESLEY H WATKINS | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| NHU YEARGIN | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| THOMAS C KLEINE ESQ | ||||||||
| VICE CHAIR | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| RICHARD COUGHLAN | ||||||||
| SECRETARY | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| J CHARLES LINK | ||||||||
| TREASURER | 1.00 | $0 | $0 | $0 | Yes (X) | |||
| MARK BARTH | ||||||||
| PRESIDENT & CEO | 40.00 | $318,511 | $0 | $35,853 | Yes (X) | |||
| HELEN DOW | ||||||||
| CFO/CAO | 40.00 | $171,290 | $0 | $18,652 | Yes (X) | |||
| JOHN LEOPOLD | ||||||||
| VP ENTERPRISE SUPPORT | 40.00 | $140,509 | $0 | $16,436 | Yes (X) | |||
| STEPHEN HUYCK | ||||||||
| VP SERVICES | 40.00 | $125,405 | $0 | $27,970 | Yes (X) | |||
| DESMOND CARTER | ||||||||
| COO | 40.00 | $142,073 | $0 | $3,047 | Yes (X) | |||
| DEAN SCULTHORPE | ||||||||
| VP DONATED GOOD OPERATIONS | 40.00 | $128,052 | $0 | $16,578 | Yes (X) | |||
| MARK HEINLEIN | ||||||||
| VP WORKFORCE DEV | 40.00 | $136,635 | $0 | $23,939 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,162,475 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $142,475 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 7 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp
Contractor Name ContractorName
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WARREN WHITNEY | BusinessNameLine1Txt |
Contractor Address ContractorAddress
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7231 FOREST AVENUE | AddressLine1Txt |
| City | RICHMOND | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 23226 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Services | FINANCIAL & HR SERVICES | ServicesDesc |
| Compensation | $260,000 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 1 | CntrctRcvdGreaterThan100KCnt |
| Federated Campaigns | $106,675 | FederatedCampaignsAmt |
| Government Grants | $470,775 | GovernmentGrantsAmt |
| All Other Contributions | $25,065,119 | AllOtherContributionsAmt |
| Noncash Contributions | $24,289,229 | NoncashContributionsAmt |
| Total Contributions | $25,642,569 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| STORES | 453310 | $36,206,081 | $36,206,081 |
| CONTRACTS | 561499 | $1,368,231 | $1,368,231 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $37,574,312 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $3,185 | TotalRevenueColumnAmt |
| Exclusion | $3,185 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $337,708 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $337,708 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $337,708 | TotalRevenueColumnAmt |
| Exclusion | $337,708 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| MISCELLANEOUS | 561000 | $403,531 | $403,531 |
| NATL BUYING PROGRAM | 561000 | $102,047 | $102,047 |
| IT SERVICES | 561000 | $1,763 | $1,763 |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $963 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $963 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $508,304 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $64,066,078 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $38,082,616 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $340,893 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,711 | TotalAmt |
| Program Services | $11,711 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,162,475 | TotalAmt |
| Program Services | $532,165 | ProgramServicesAmt |
| Management And General | $630,310 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $26,676,485 | TotalAmt |
| Program Services | $26,334,226 | ProgramServicesAmt |
| Management And General | $113,507 | ManagementAndGeneralAmt |
| Fundraising | $228,752 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $492,194 | TotalAmt |
| Program Services | $474,999 | ProgramServicesAmt |
| Management And General | $13,151 | ManagementAndGeneralAmt |
| Fundraising | $4,044 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,211,194 | TotalAmt |
| Program Services | $3,099,010 | ProgramServicesAmt |
| Management And General | $85,798 | ManagementAndGeneralAmt |
| Fundraising | $26,386 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,921,095 | TotalAmt |
| Program Services | $2,819,045 | ProgramServicesAmt |
| Management And General | $78,047 | ManagementAndGeneralAmt |
| Fundraising | $24,003 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $150,225 | TotalAmt |
| Program Services | $144,977 | ProgramServicesAmt |
| Management And General | $4,014 | ManagementAndGeneralAmt |
| Fundraising | $1,234 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $338,613 | TotalAmt |
| Program Services | $326,783 | ProgramServicesAmt |
| Management And General | $9,047 | ManagementAndGeneralAmt |
| Fundraising | $2,783 | FundraisingAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $414,220 | TotalAmt |
| Program Services | $399,749 | ProgramServicesAmt |
| Management And General | $11,067 | ManagementAndGeneralAmt |
| Fundraising | $3,404 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $278,107 | TotalAmt |
| Program Services | $236,593 | ProgramServicesAmt |
| Management And General | $38,823 | ManagementAndGeneralAmt |
| Fundraising | $2,691 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $167,782 | TotalAmt |
| Program Services | $158,956 | ProgramServicesAmt |
| Management And General | $8,581 | ManagementAndGeneralAmt |
| Fundraising | $245 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $491,068 | TotalAmt |
| Program Services | $473,911 | ProgramServicesAmt |
| Management And General | $13,122 | ManagementAndGeneralAmt |
| Fundraising | $4,035 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,199,965 | TotalAmt |
| Program Services | $7,913,494 | ProgramServicesAmt |
| Management And General | $219,092 | ManagementAndGeneralAmt |
| Fundraising | $67,379 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $61,037 | TotalAmt |
| Program Services | $60,220 | ProgramServicesAmt |
| Management And General | $814 | ManagementAndGeneralAmt |
| Fundraising | $3 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,132 | TotalAmt |
| Program Services | $2,954 | ProgramServicesAmt |
| Management And General | $176 | ManagementAndGeneralAmt |
| Fundraising | $2 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,649,092 | TotalAmt |
| Program Services | $1,632,592 | ProgramServicesAmt |
| Management And General | $1,007,479 | ManagementAndGeneralAmt |
| Fundraising | $9,021 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $478,027 | TotalAmt |
| Program Services | $461,327 | ProgramServicesAmt |
| Management And General | $12,772 | ManagementAndGeneralAmt |
| Fundraising | $3,928 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| VEHICLES | $2,769,196 | $2,740,355 | $28,841 | |
| DONATED GOODS RETAIL EX | $1,599,029 | $1,474,931 | $121,057 | $3,041 |
| SUPPLIES | $1,333,850 | $1,271,391 | $60,880 | $1,579 |
| COMMUNICATION | $708,234 | $603,477 | $103,851 | $906 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $583,420 | TotalAmt |
| Program Services | $499,380 | ProgramServicesAmt |
| Management And General | $83,863 | ManagementAndGeneralAmt |
| Fundraising | $177 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $54,700,151 | TotalAmt |
| Program Services | $51,672,246 | ProgramServicesAmt |
| Management And General | $2,644,292 | ManagementAndGeneralAmt |
| Fundraising | $383,613 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $52,862 | BOYAmt |
| EOY | $50,062 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $28,667,617 | BOYAmt |
| EOY | $28,019,553 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $664,731 | BOYAmt |
| EOY | $795,798 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,149,449 | BOYAmt |
| EOY | $2,149,876 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,058,382 | BOYAmt |
| EOY | $1,528,267 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $93,210,079 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $32,708,008 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $58,841,026 | BOYAmt |
| EOY | $60,502,071 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,366,976 | BOYAmt |
| EOY | $7,305,132 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,276,228 | BOYAmt |
| EOY | $4,731,752 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $100,077,271 | BOYAmt |
| EOY | $105,082,511 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,429,010 | BOYAmt |
| EOY | $3,075,374 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $82,881 | BOYAmt |
| EOY | $25,444 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $26,305,679 | BOYAmt |
| EOY | $21,930,285 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,859,369 | BOYAmt |
| EOY | $1,145,898 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $31,676,939 | BOYAmt |
| EOY | $26,177,001 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $67,842,559 | BOYAmt |
| EOY | $78,444,835 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $557,773 | BOYAmt |
| EOY | $460,675 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $68,400,332 | BOYAmt |
| EOY | $78,905,510 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $100,077,271 | BOYAmt |
| EOY | $105,082,511 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $9,365,927 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $1,139,251 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (1) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (1) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $26,274,074 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $26,157,239 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $27,759,379 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $20,376,071 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $25,642,569 | CurrentTaxYearAmt |
| Total | $126,209,332 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $26,274,074 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $26,157,239 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $27,759,379 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $20,376,071 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $25,642,569 | CurrentTaxYearAmt |
| Total | $126,209,332 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $7,392,745 | SubstantialContributorsTotAmt |
| Public Support Total170 | $118,816,587 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $72,853 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $288,820 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $513,696 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $475,419 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $340,893 | CurrentTaxYearAmt |
| Total | $1,691,681 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $320,289 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $382,009 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $400,642 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $850,480 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $508,304 | CurrentTaxYearAmt |
| Total | $2,461,724 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $130,362,737 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $147,083,923 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.91140 | PublicSupportCY170Pct |
| Public Support PY170 | 0.92010 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $6,366,976 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $938,157 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $7,305,133 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $5,757,569 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $609,407 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $6,366,976 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $3,121,192 | BeginningYearBalanceAmt |
| Contributions | $2,000,000 | ContributionsAmt |
| Investment Earnings Or Losses | $636,377 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $5,757,569 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $3,359,383 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | -$238,191 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $3,121,192 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $2,949,414 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $409,969 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $3,359,383 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $16,307,736 | OtherCostOrOtherBasisAmt |
| Book Value | $16,307,736 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $60,112,622 | OtherCostOrOtherBasisAmt |
| Depreciation | $18,909,446 | DepreciationAmt |
| Book Value | $41,203,176 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $14,863,394 | OtherCostOrOtherBasisAmt |
| Depreciation | $11,954,825 | DepreciationAmt |
| Book Value | $2,908,569 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,926,327 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,843,737 | DepreciationAmt |
| Book Value | $82,590 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $60,502,071 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | POOLED ASSETS | Desc |
| Book Value | $7,305,132 | BookValueAmt |
| Method Valuation | F | MethodValuationCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $7,305,132 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)
| DescDesc | AmtAmt |
|---|---|
| DEFERRED RENT | $574,978 |
| DEFERRED COMPENSATION | $118,640 |
| FAIR VALUE INTEREST RATE SWAP | -$70,353 |
| OTHER CURRENT LIABILITIES | $522,633 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $1,145,898 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART X, LINE 2: | FormAndLineReferenceDesc |
| Explanation | GOODWILL FOLLOWS FASB GUIDANCE FOR HOW UNCERTAIN TAX POSITIONS SHOULD BE RECOGNIZED, MEASURED, DISCLOSED AND PRESENTED IN THE CONSOLIDATED FINANCIAL STATEMENTS. THIS REQUIRES THE EVALUATION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN THE COURSE OF PREPARING GOODWILL'S TAX RETURNS TO DETERMINE WHETHER THE TAX POSITIONS ARE "MORE-LIKELY-THAN-NOT" OF BEING SUSTAINED "WHEN CHALLENGED OR "WHEN EXAMINED" BY THE APPLICABLE TAX AUTHORITY. TAX POSITIONS NOT DEEMED TO MEET THE MORE-LIKELY-THAN-NOT THRESHOLD WOULD BE RECORDED AS A TAX EXPENSE AND LIABILITY IN THE CURRENT YEAR. MANAGEMENT EVALUATED GOODWILL'S TAX POSITION AND CONCLUDED THAT GOODWILL HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE CONSOLIDATED FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE. GOODWILL IS NOT CURRENTLY UNDER AUDIT BY ANY TAX JURISDICTION. | ExplanationTxt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | 0 | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | EMERGENCY NEED BASED SHELTER, UTILITIES, MEDICAL | GrantTypeTxt |
| Cash Grant | $11,711 | CashGrantAmt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (5 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| MARK BARTH | ||||||||||||||
| PRESIDENT & CEO | $317,030 | $0 | $0 | $0 | $1,481 | $0 | $16,376 | $0 | $19,477 | $0 | $354,364 | $0 | $0 | $0 |
| HELEN DOW | ||||||||||||||
| CFO/CAO | $171,290 | $0 | $0 | $0 | $0 | $0 | $10,310 | $0 | $8,342 | $0 | $189,942 | $0 | $0 | $0 |
| MARK HEINLEIN | ||||||||||||||
| VP WORKFORCE DEV | $136,635 | $0 | $0 | $0 | $0 | $0 | $1,436 | $0 | $22,503 | $0 | $160,574 | $0 | $0 | $0 |
| JOHN LEOPOLD | ||||||||||||||
| VP ENTERPRISE SUPPORT | $140,509 | $0 | $0 | $0 | $0 | $0 | $7,204 | $0 | $9,232 | $0 | $156,945 | $0 | $0 | $0 |
| STEPHEN HUYCK | ||||||||||||||
| VP SERVICES | $124,202 | $0 | $0 | $0 | $1,203 | $0 | $5,186 | $0 | $22,784 | $0 | $153,375 | $0 | $0 | $0 |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (2 entries)
| Bond ReferenceBondReferenceCd | Bond Issuer EINBondIssuerEIN | Bond IssuedBondIssuedDt | Issue PriceIssuePriceAmt | PurposePurposeDesc | DefeasedDefeasedInd | On Behalf Of IssuerOnBehalfOfIssuerInd | Pool FinancingPoolFinancingInd |
|---|---|---|---|---|---|---|---|
| ECONOMIC DEVELOPMENT AUTHORITY OF THE TOWN OF ASHLAND | |||||||
| A | 521353936 | 2005-12-28 | $8,500,000 | PURCHASE & BUILD 4 STORES | 0 | 0 | 0 |
| VIRGINIA SMALL BUSINESS FINANCING AUTHORITY | |||||||
| B | 541300845 | 2010-12-29 | $15,200,000 | PURCHASE & BUILD 5 STORES | 0 | 0 | 0 |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (2 entries)
| Bond ReferenceBondReferenceCd | Total ProceedsTotalProceedsAmt | Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt | Capital ExpendituresCapitalExpendituresAmt | Refunding Tax Exempt BondsRefundingTaxExemptBondsInd | Refunding Taxable BondsRefundingTaxableBondsInd | Final Allocation MadeFinalAllocationMadeInd | Adequate Books And Rec MaintAdequateBooksAndRecMaintInd |
|---|---|---|---|---|---|---|---|
| A | $8,500,000 | $70,785 | $8,429,215 | 0 | 0 | Yes (1) | Yes (1) |
| B | $10,818,123 | $174,931 | $10,643,192 | 0 | Yes (1) | Yes (1) | Yes (1) |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (2 entries)
| Bond ReferenceBondReferenceCd | Owning Bond Financed PropertyOwningBondFinancedPropertyInd | Any Lease ArrangementsAnyLeaseArrangementsInd | Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd | Any Research AgreementsAnyResearchAgreementsInd | Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd | Change In Use Bond Financed PropChangeInUseBondFinancedPropInd | Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd |
|---|---|---|---|---|---|---|---|
| A | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| B | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (2 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiledInd | Variable Rate IssueVariableRateIssueInd | Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd | Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd | Gross Proceeds InvestedGrossProceedsInvestedInd | Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd | Rebate Not Due YetRebateNotDueYetInd | Exception To RebateExceptionToRebateInd | No Rebate DueNoRebateDueInd |
|---|---|---|---|---|---|---|---|---|---|
| A | Yes (1) | 0 | 0 | 0 | 0 | 0 | |||
| B | 0 | Yes (1) | 0 | 0 | 0 | 0 | 0 | Yes (1) | 0 |
Procedures Corrective Action ProceduresCorrectiveActionGrp (2 entries)
| Bond ReferenceBondReferenceCd | Procedures Corrective ActionProceduresCorrectiveActionInd |
|---|---|
| A | 0 |
| B | 0 |
Schedule L IRS990ScheduleL
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (2 entries)
| Relationship DescriptionRelationshipDescriptionTxt | TransactionTransactionAmt | TransactionTransactionDesc | Sharing Of RevenuesSharingOfRevenuesInd |
|---|---|---|---|
| SCOTT WARREN | |||
| FRACTIONAL CFO | $108,250 | THE ORGANIZATION CONTRACTS WITH WARREN WHITNEY, LLC FOR SCOTT WARREN'S SERVICES AS THE CHIEF FINANCIAL OFFICER. SCOTT WARREN IS AN OWNER OF WARREN WHITNEY, LLC | 0 |
| BRADFORD B SAUER | |||
| ADVISORY BOARD MEMBER | $223,742 | THE ORGANIZATION RENTS THE BAILEY BRIDGE STORE FROM AN ENTITY THAT INCLUDES AN OWNER RELATED TO BRADFORD B. SAUER, WHO SERVES ON SEVERAL OF THE ORGANIZATION'S ADVISORY COMMITTEES. ADVISORY COMMITTEE MEMBERS DO NOT HAVE VOTING INFLUENCE REGARDING THE ORGANIZATION'S OPERATIONS. THE TRANSACTION WAS REVIEWED TO ENSURE A FAIR MARKET RENT IS BEING PAID. | 0 |
Schedule M IRS990ScheduleM
Clothing And Household Goods ClothingAndHouseholdGoodsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Noncash Contributions Rpt F990 | $24,289,299 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 2 | ContributionCnt |
| Noncash Contributions Rpt F990 | $2,022 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | NYSE | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | 0 | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART III, LINE 1 (CONTINUATION OF MISSION STATEMENT): | OPERATING IN CENTRAL VIRGINIA SINCE 1923 AND IN HAMPTON ROADS SINCE 1925, GOODWILL ASSISTS INDIVIDUALS FACING CHALLENGES TO WORK, INCLUDING PHYSICAL OR INTELLECTUAL DISABILITIES; LIMITED EDUCATION, SKILLS OR WORK EXPERIENCE; LANGUAGE BARRIERS; HISTORIES OF INCARCERATION; MAJOR LIFE TRANSITIONS; OR LONG-TERM JOB LOSS NECESSITATING THE ACQUISITION OF NEW SKILLS AND SUPPORT. GOODWILL CHANGES THE TRAJECTORY OF PEOPLES' LIVES BY DELIVERING WORKFORCE SOLUTIONS, AT NO COST TO PARTICIPANTS, THAT ARE LARGELY FUNDED BY VARIOUS SOCIAL ENTERPRISES AS WELL AS PUBLIC AND PRIVATE SUPPORT. JOB SEEKERS CAN ACCESS GOODWILL'S EMPLOYMENT OPPORTUNITIES AND SERVICES THROUGH EMPLOYMENT CENTERS, VOCATIONAL PROGRAMS INCLUDING SUPPORTED EMPLOYMENT, AND THROUGH SELECT NONPROFIT COMMUNITY PARTNERS WITH WHOM GOODWILL CO-LOCATES ITS SERVICES. GOODWILL'S PURPOSE STATEMENT IS: WE BELIEVE THAT WORK IS A FOUNDATION FOR EMPOWERING INDIVIDUALS, STRENGTHENING FAMILIES AND BUILDING PROSPEROUS COMMUNITIES. |
| FORM 990, PART IV, LINE 28 | THE ORGANIZATION RENTS THE BAILEY BRIDGE STORE FROM AN ENTITY THAT INCLUDES AN OWNER RELATED TO BRADFORD B. SAUER, A MEMBER OF THE BOARD, WHO SERVES ON SEVERAL OF THE ORGANIZATION'S ADVISORY COMMITTEES. THE TRANSACTION WAS REVIEWED TO ENSURE A FAIR MARKET RENT IS BEING PAID. |
| FORM 990, PART VI, SECTION A, LINE 2 | A FAMILY MEMBER OF CHARLES LINK, THE TREASURER, IS EMPLOYED BY THE ORGANIZATION. THIS EMPLOYEE IS NOT A DIRECTOR, OFFICER, TRUSTEE OR KEY EMPLOYEE. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE COMPLETED RETURN IS REVIEWED BY GOODWILL'S AUDIT COMMITTEE PRIOR TO SUBMISSION. COPIES OF COMPLETED FORM 990 ARE PROVIDED VIA EMAIL OR OVERNIGHT COURIER TO EACH VOTING MEMBER OF THE BOARD. |
| FORM 990, PART VI, SECTION B, LINE 12C | EMPLOYEES AND BOARD MEMBERS ARE COVERED BY THE ORGANIZATION'S CONFLICT OF INTEREST POLICY. THE EMPLOYEE CONFLICT OF INTEREST POLICY IS REVIEWED WITH NEW EMPLOYEES THROUGH PART OF ORIENTATION TRAINING SESSION WHICH IS PROVIDED TO ALL NEW EMPLOYEES. EACH EMPLOYEE IS REQUIRED TO COMPLETE DISCLOSURE STATEMENT WITH REGARD TO THIS POLICY. ON AN ANNUAL BASIS, OFFICERS AND BOARD MEMBERS ARE PROVIDED A COPY OF THE ORGANIZATION'S CONFLICT OF INTEREST POLICY AND SIGN AN ACKNOWLEDGEMENT INDICATING THEY HAVE RECEIVED, READ, UNDERSTOOD AND AGREED TO FULLY COMPLY WITH THE POLICY. ANNUAL DISCLOSURES ARE REVIEWED BY THE BOARD OR COMMITTEE AND ANY CONFLICTS ARE REVIEWED BY THE BOARD CHAIR AND THE EXECUTIVE COMMITTEE. |
| FORM 990, PART VI, SECTION B, LINE 15 | GOODWILL OF CENTRAL AND COASTAL VIRGINIA HAS A WRITTEN EXECUTIVE COMPENSATION POLICY. THIS POLICY REQUIRES INDEPENDENT REVIEW OF THE COMPENSATION OF "DISQUALIFIED ASSOCIATES" AS DEFINED IN IRC 4958. THIS POLICY IS IMPLEMENTED BY THE EXECUTIVE COMPENSATION COMMITTEE. THIS COMMITTEE HAS THE RESPONSIBILITY TO PERFORM AN ANNUAL REVIEW AND APPROVAL OF THE COMPENSATION AND BENEFIT PACKAGES OF AFFECTED GOODWILL ASSOCIATES. IN MAY OF 2020, SIX EXECUTIVES WERE CONSIDERED BY AN INDEPENDENT THIRD PARTY, COMPENSATION CONSULTING COMPANY. THEY UTILIZED MULTIPLE PUBLISHED SOURCES IN THEIR STUDY. THEIR RESULTING OPINION WAS THAT THE EXECUTIVE'S COMPENSATION AND BENEFITS WERE REASONABLE, COMPETITIVE AND THAT NO EXCESS BENEFITS WERE PAID TO ANY EXECUTIVES IN THE STUDY. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION MAKES ITS FORM 990 AND FINANCIAL STATEMENTS AVAILABLE THROUGH ITS WEBSITE AT WWW.GOODWILLVIRGINIA.ORG. THIS INFORMATION IS ALSO AVAILABLE AT WWW.GUIDESTAR.ORG. THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GOODWILL SERVICES INC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6301 MIDLOTHIAN TURNPIKE | AddressLine1Txt |
| City | RICHMOND | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 23225 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 541821538 | EIN |
| Primary Activities | CONDUCTS SPECIFIC ACTIVITIES FOR THE BENEFIT OF DISABLED | PrimaryActivitiesTxt |
| Legal Domicile State | VA | LegalDomicileStateCd |
| Exempt Code Section | 501(C)(3) | ExemptCodeSectionTxt |
| Public Charity Status | LINE 10 | PublicCharityStatusTxt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GOODWILL INDUSTRIES OF CENTRAL VA INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Organization | 0 | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | Yes (1) | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (1) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | Yes (1) | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp
Other Organization Name OtherOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GOODWILL SERVICES INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transaction Type | Q | TransactionTypeTxt |
| Involved | $2,990,068 | InvolvedAmt |
| Method Of Amount Determination | FMV | MethodOfAmountDeterminationTxt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE R, PART V, LINE 2(D) | FormAndLineReferenceDesc |
| Explanation | METHOD OF DETERMINING REIMBURSEMENT PAID BY OTHER ORGANIZATION: GSI(GOODWILL SERVICES INC.) WILL REIMBURSE GCCVA (GOODWILL INDUSTRIES OF CENTRAL AND COASTAL VA, INC.) IN THE FOLLOWING MANNER: 1. DIRECT A. IDENTIFIABLE EXPENSES INCURRED SOLEY ON BEHALF OF GSI ON A DOLLAR FOR DOLLAR BASIS. B. DIRECT SUPERVISION ON A DOLLAR FOR DOLLAR BASIS. 2. INDIRECT A. PROGRAM MANAGEMENT WILL BE CALCULATED AT A RATE OF THIRTY PERCENT (30%) OF THE EXPENSE OF THE GCCVA EDUCATION AND TRAINING DEPARTMENT MANAGEMENT. B. INDIRECT MANAGEMENT AND ADMINISTRATIVE SERVICES, I.E. EXECUTIVE MANAGEMENT, ACCOUNTING, INFORMATION SYSTEMS, HUMAN RESOURCES, OCCUPANCY, ETC., WILL BE REIMBURSED AT A RATE OF FIVE PERCENT (5%) OF THE REVENUE OF THE CONTRACTS MANAGED. REIMBURSEMENT WILL BE LIMITED TO THE LESSER OF THE AMOUNT AS DESCRIBED ABOVE OR THE NET PROFIT FOR THE YEAR. THE CALCULATION WILL BE PERFORMED ON A YEARLY BASIS AND A CORRESPONDING JOURNAL ENTRY MADE ON BOTH ENTITIES BOOKS TO RECOGNIZE THE FEE AS INCOME FROM GCCVA AND AS EXPENSES ON THE GSI ACCOUNTING RECORDS. THE AGREEMENT WILL REMAIN IN EFFECT UNTIL AMENDED OR TERMINATED. EITHER PARTY MAY INITIATE AN AMENDMENT THAT MUST BE AGREED UPON TO BE EFFECTIVE. EITHER PARTY MAY WITHDRAW FROM THIS AGREEMENT AFTER GIVING WRITTEN NOTICE TO THE OTHER. | ExplanationTxt |
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